Support for Japanese requirements (Japanese character sets, order handling, and allocation support)

Enhanced foreign exchange capability

Fixed Income IOI capability for High Yield and High Grade corporate bonds

Order pre-allocation functionality.

Other enhancements and clarifications

The Errata contains a list of minor adjustments to the FIX 4.2 Specification document due to typographical errors or ambiguities. The nature and scope of these adjustments do not introduce new functionality or new messages. Unlike previous errata for previous releases of FIX, new fields were introduced to address specific omissions that resulted in preventing usage of messages. All of the items specified in this document are considered part of the standard FIX 4.2 release. The list of items has been reviewed and approved by the FIX Global Technical Committee (GTC). This FIX 4.2 Errata 20010501 is considered the current version of the FIX 4.2 specification.

Implementers of FIX version 4.2 should base their implementations on this errata release, referring to the FIX 4.2 Specification document with Errata 20010501 to ensure the most consistent implementation and clearest understanding of the FIX protocol.

Technical Addendum

This Technical Addendum addresses the time precision granularity by extending the FIX data type for timestamps to picoseconds. The Technical Addendum is applicable to earlier versions of FIX 4.2 and 4.4 on a bilateral agreed basis in order to support the granularity required for MiFID II mandates.